Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
LODGE FARM is a very large extended detached house of 237m², built sometime between 1976 and 1982. It was last sold for £925,000 in May 2023, which was around 62% above the average May 2023 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for LODGE FARM since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three LODGE FARM sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2023 5 MAY | £925,000 | £570,486 | 62% above HPI |
2012 16 AUG | £585,000 | £319,826 | 83% above HPI |
2010 23 JUL | £570,000 | £318,418 | 79% above HPI |
The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three LODGE FARM sales between July 2010 and May 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2012 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the May 2023 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.
LODGE FARM is 237m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where LODGE FARM lies on this distribution: 98% of detached houses are smaller than LODGE FARM, and 2% of houses are larger. Note that EPC data is not available for all properties in Luton.
LODGE FARM sits on a plot of roughly 0.615 of an acre, or 2,490m². The below map shows the location of LODGE FARM, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of LODGE FARM). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
LODGE FARM is located on SUNDON ROAD in CHALTON, in the LU4 postcode district. The below map shows the position of LODGE FARM on SUNDON ROAD.